The real estate market has definitely changed - and anything is possible - but a crash to pre-Covid prices in the real estate and/or stock market would nullify the great Fed currency devaluation reset. So – It’s really hard to imagine their not stepping in to prevent this.
The SPX currently at...
Don’t hold your breath is right. We live in a world of academic theories not in accordance with the laws of nature. Actions have reactions. We’ve heard it all of our lives but very, very, very few seem to understand this, or care.
The first totally legal Fed Gov PPP scam alone, with many...
When common sense is applied there may be nothing more liquid and less risky in real estate than a single family home. People that get caught up in markets like the idiotic pre-2008 subprime - made bad decisions, likely due to ignorance and greed.
If one knows what he/she is doing and builds...
Or, get the home equity loan and build the new home with those funds. Then after you complete construction of the new home get a fixed rate mortgage on it for enough to pay off the loan on your primary home.